Lifeway Foods to acquire drinkable yogurt maker

Product Description

MORTON GROVE, ILL. — Lifeway Foods, Inc., a supplier of kefir and fermented probiotic products to support the microbiome, has agreed to acquire certain assets of privately-held Laguna Beach, Calif.-based GlenOaks Farms, Inc. for $5.8 million. Founded in 1984, GlenOaks offers six different drinkable yogurt products that are made with fruit puree and fresh California dairy. GlenOaks drinkable yogurt contains 3.5 billion probiotic cultures per serving. The drinkable yogurts are available in blueberry, peach, raspberry, strawberry, strawberry banana and tropical fruit. “We are very excited . . ..
Deal for GlenOaks Farms valued at $5.8 million.

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